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Canadian Drilling Company Expands Operations into the Permian Basin

6 February 2017

Predator Drilling Inc. ("Predator"), a Canadian-based private company, headquartered in Red Deer, Alberta, is pleased to announce it has expanded operations into the Permian Basin in West Texas, USA. Predator will operate its Texas business through its new subsidiary company, Predator Drilling LLC ("Predator LLC"), based out of Midland, Texas.

Predator LLC recently completed its first well for a top tier producer and is providing integrated pre-set drilling services.

Shane Walper, President & CEO of Predator commented: “The Permian Basin is one of the most active basins in North America and we are grateful to have the opportunity to provide services in this exciting market. The entire Predator team has worked diligently to expand operations into the Permian Basin and I am proud of their hard work and commitment to Building Greatness Together.”

ABOUT PREDATOR

Predator Drilling Inc. is a private integrated drilling services company which provides trucking, drilling, cementing and coring services to the oil and gas industry in North America. Predator’s experience and reputation for delivering safe and efficient operations gives clients the confidence to successfully commercialize their resource assets. Predator Drilling is built on our high performance people and family oriented culture. Along with a strong foundation of core values, Predator is committed to SAFELY DELIVERING PERFORMANCE EXCELLENCE through DEMONSTRATED RESPECT, ACCOUNTABILITY & TEAMWORK.

This news release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities, in any jurisdiction.